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Could the Price of Gold Really Hit $48,000? Plus Expect Hairy 1970s-Style Inflation

July 11, 2024

Could the price of gold really hit $48,000? Plus expect more hairy 1970s-style inflation.

Fed Warns They Will Continue To Shrink Balance Sheet

July 10 (King World News) – Peter Boockvar: Early on today and unlike yesterday, Jay Powell was asked about the Fed’s balance sheet and he said they have a “good ways to go” in shrinking it “and going slower will allow us to go further.” The balance sheet currently stands at about $7.2 trillion, down from almost $9 trillion but still up from around $4 trillion before Covid.

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